Xerox Holdings Corp (XRX) Financial Statements
Industry: Computer Peripheral Equipment (Other)
In fiscal 2025, Xerox reported revenue of $7.02B, up 12.9% from $6.22B the year before. Net income was -$1.03B (a -14.7% net margin), or -$8.25 per diluted share. Gross margin was -6.9% and operating margin was -30.5%. Operating activities generated $224.0M of cash, leaving $187.0M of free cash flow. At fiscal year end, Xerox held $9.82B in total assets against $9.15B in total liabilities, including $512.0M of cash and equivalents.
Open the full interactive Xerox financials → Quarterly statements, key ratios, valuation history and price charts.
Xerox Key Stats
| Share Price | $2.84 |
|---|---|
| Market Cap | $371.7M |
| Dividend Yield | 7.80% |
| Revenue YoY Growth | +12.9% |
| 52-Week Range | $1.20 – $3.59 |
| Shares Outstanding | 130.9 million (basic, 2026 Q2) |
Xerox Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $7.02B | $7.04B | $7.11B | $6.89B | $6.22B | $7.02B |
| Cost of Goods Sold | $6.77B | $7.51B | $7.43B | $6.91B | $7.44B | $7.51B |
| Gross Profit | $252.0M | -$475.0M | -$328.0M | -$28.0M | -$1.22B | -$488.0M |
| Operating Income | -$1.60B | -$2.19B | -$2.09B | -$1.72B | -$2.75B | -$2.14B |
| Pre-Tax Income | $252.0M | -$475.0M | -$328.0M | -$28.0M | -$1.22B | -$488.0M |
| Income Tax | $64.0M | -$17.0M | -$3.0M | -$29.0M | $105.0M | $541.0M |
| Net Income | $192.0M | -$455.0M | -$322.0M | $1.0M | -$1.32B | -$1.03B |
| Diluted EPS | $0.84 | -$2.56 | -$2.15 | -$0.09 | -$10.75 | -$8.25 |
Xerox Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.96B | $2.03B | $1.85B | $1.92B |
| Net Income | -$760.0M | -$73.0M | -$105.0M | $13.0M |
| Diluted EPS | -$6.01 | — | -$0.84 | $0.07 |
Xerox Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.62B | $1.84B | $1.04B | $519.0M | $576.0M | $512.0M |
| Current Assets | $5.78B | $4.70B | $4.11B | $3.18B | $2.94B | $3.57B |
| Total Assets | $14.74B | $13.22B | $11.54B | $10.01B | $8.37B | $9.82B |
| Current Liabilities | $2.48B | $2.83B | $3.33B | $2.78B | $2.62B | $3.22B |
| Total Long-Term Debt | $4.05B | $3.60B | $2.87B | $2.71B | $2.81B | $4.02B |
| Total Liabilities | $8.93B | $8.56B | $7.97B | $7.24B | $7.06B | $9.15B |
| Shareholders' Equity | $5.59B | $4.44B | $3.34B | $2.54B | $1.08B | $444.0M |
Xerox Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $548.0M | $629.0M | $159.0M | $686.0M | $511.0M | $224.0M |
| Cash From Investing | -$246.0M | -$85.0M | -$78.0M | -$5.0M | -$198.0M | -$698.0M |
| Cash From Financing | -$416.0M | -$1.31B | -$822.0M | -$1.20B | -$271.0M | $404.0M |
| Free Cash Flow | $504.0M | $600.0M | $123.0M | $657.0M | $484.0M | $187.0M |
| Dividends Paid | $230.0M | $206.0M | $174.0M | $165.0M | $141.0M | $71.0M |
Figures from Xerox's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Xerox financials page for every line item.
Xerox Company Profile
| Ticker | XRX |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Peripheral Equipment (Other) |
| Headquarters | Norwalk, Connecticut |
| Incorporated in | Connecticut |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001770450 |
Frequently Asked Questions
What was Xerox's revenue in fiscal 2025?
Xerox (XRX) reported revenue of $7.02B for fiscal 2025.
What is Xerox's annual revenue history?
Xerox's annual revenue by fiscal year: 2020: $7.02B; 2021: $7.04B; 2022: $7.11B; 2023: $6.89B; 2024: $6.22B; 2025: $7.02B.
What was Xerox's net income in fiscal 2025?
Xerox reported net income of -$1.03B for fiscal 2025.
What was Xerox's earnings per share (EPS) in fiscal 2025?
Xerox's diluted EPS was -$8.25 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Xerox generate in fiscal 2025?
Xerox generated $187.0M of free cash flow in fiscal 2025.
What was Xerox's revenue last quarter?
In its most recent reported quarter (2026 Q2), Xerox reported revenue of $1.92B.
How much debt does Xerox have?
Xerox reported $4.02B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Xerox are outstanding?
Xerox reported a weighted average of 130.9 million basic shares outstanding in 2026 Q2.
What is Xerox's market cap?
Based on its latest closing price, Xerox (XRX) has a market capitalization of about $371.7M.
When does Xerox's fiscal year end?
Xerox's fiscal year end, as registered with the SEC, is December 31.
Where is Xerox headquartered?
Xerox lists its business address in Norwalk, Connecticut in its SEC filings.